Asia Pacific > South Korea loosens ETS rules to ease supply squeeze, reaffirms foreign offset use -sources

South Korea loosens ETS rules to ease supply squeeze, reaffirms foreign offset use -sources

Published 12:38 on March 22, 2017  /  Last updated at 19:03 on March 22, 2017  / Stian Reklev /  Asia Pacific, Kyoto Mechanisms, South Korea

In an effort to ease bottlenecked supply in Korea's carbon market, the country's Cabinet has changed rules for when regulators can release extra CO2 allowances from the market stability reserve, three sources familiar with the situation told Carbon Pulse on Wednesday.
In an effort to ease bottlenecked supply in Korea's carbon market, the country's Cabinet has changed rules for when regulators can release extra CO2 allowances from the market stability reserve, three sources familiar with the situation told Carbon Pulse on Wednesday.


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